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Latest / Your Way Home with Hongbin Jeong

Market View: China reportedly weighs unprecedented builder support with unsecured loans; Strikes against Amazon in Europe on Black Friday; CDL’s higher 3Q sales; Noel Gifts International hot stock of the day; LHN Group’s transfer to SGX mainboard

Singapore stocks fell during early trade today, led by declines from the banks. US markets were closed for the Thanksgiving holiday. In early trade, the Straits Times Index (STI) headed down 0.3 per cent to 3,105.08 points, after 89.7 million securities changed hands in the broader market. In terms of companies to watch today, we have City Developments Limited. The property group and its joint-venture associates posted higher third-quarter sales of S$325 million, from S$281 million in the year-ago period. This came on the back of sales from its 408-unit residential development The Myst, for…

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